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IRIS – helping you manage your business risks.

IRIS stands for the Intelect Risk Insights System. It was devised in the knowledge that business owners find it difficult to keep tabs on the many and varied risks they have to manage. It is of particular relevance to regulated and registered entities who are obliged by law to maintain records of their assessments and the decisions they make.

IRIS is designed with small and medium business owners  in mind. It provides an online  platform to identify, assess, mitigate and manage your organisational  risk. There are a range of templated, risk-rated  surveys which will enable you to monitor your security processes and control  your risk levels, enabling you to maintain your corporate governance  obligations and align with regulatory legislation on an ongoing basis. This short video sums up some of the functionality.

The internal  auditing tool is designed to highlight issues including; customer risk, cyber risk, data protection and  technology risk. Our consistent methodology will prompt  you to ensure that you have policies and plans in place, that you are  taking preventative measures and security processes for staff, premises  and technology to protect data. IRIS will focus your understanding of  the requirements and highlight attention to monitoring these specific  areas effectively, in order to stay compliant. You are provided with a macro breakdown of each area of surveyed risk, as indicated below.

Our survey profiling function allows for  editing, reporting and downloading, thus demonstrating a clear insight  into your overall risk status and managing uncertainty at any one moment  in time. As you can see from the graphic below, in the action taken column you are able to indicate how you intend to manage the risks that are highlighted, or why you intend to take no action. We recognise that each business is different and will apply different approaches to mitigation.

We are providing a cost-effective way to keep your business safer  and more secure. If regulated you are easily able to demonstrate your decisions made, when you made them and what you did at the time.

You have the option to purchase one-off assessments on the website, purchase a subscription or even talk to one of the team who will guide you through the process. We are also able to provide bespoke in-house branded  solutions, designed to your own tailored specifications, dependent on  requirements and upon application.

We are always happy to conduct demonstrations or discuss the system. Please contact us for a no obligation discussion.

Published on April 21, 2021

Filed Under: Uncategorized Tagged With: compliance

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